v3.26.1
Accounts Receivable, Net (Tables)
12 Months Ended
Dec. 31, 2025
Accounts Receivable, after Allowance for Credit Loss, Current [Abstract]  
Summary of Accounts Receivable, Net
Accounts receivable, net, consisted of the following:
 
 
  
As of December 31,
 
 
  
2024
 
  
2025
 
 
  
RMB
 
  
RMB
 
  
US$
 
Accounts receivable
     161,520        222,929        31,879  
Less: expected credit losses provision
     (103,340      (111,259      (15,910
  
 
 
    
 
 
    
 
 
 
Accounts receivable, net
  
 
58,180
 
  
 
111,670
 
  
 
15,969
 
  
 
 
    
 
 
    
 
 
 
Summary of Movements in Allowance for Doubtful Accounts
The movements in the expected credit losses were:
 
    
For the year ended December 31,
 
    
2023
    
2024
    
2025
 
    
RMB
    
RMB
    
RMB
    
US$
 
Beginning balance prior to ASC 326
     (115,380                         
Adoption of ASC Topic 326
     (1,153                         
  
 
 
    
 
 
    
 
 
    
 
 
 
Balance at the beginning of the years
     (116,533      (131,826      (103,340      (14,778 )
 
Current period provision
     (16,170      (12,725      (11,294 )      (1,615 )
 
Reversal
     1,773        6,039        3,356        480  
Provision converted from unbilled revenue
     (1,269      —         —         —   
Write-off
     —         35,180        —         —   
Acquisition of
non-controlling
interests
     390        —         —      
 
— 
 
Others
     (17      (8      19        3  
  
 
 
    
 
 
    
 
 
    
 
 
 
Balance at the end of the years
  
 
(131,826
  
 
(103,340
  
 
(111,259
)
  
 
(15,910
)